My Top 5 Tips for Avoiding Goal Disappointment in 2023!

Hey Gorgeous!

So, it's a new year and you know what that means - it's time to set some new goals for your property development journey.

But let's be real, setting goals is the easy part. It's sticking to them and making consistent progress that can be a real challenge!

One of the biggest obstacles to achieving your goals is procrastination. We all know how it goes - we tell ourselves we'll start working on that project tomorrow, and before we know it, weeks have gone by and we haven't made any progress.

That's why I want to share with you my top 5 tips for setting and achieving your property development goals in 2023. These tips have helped me and my clients stay on track and achieve success in our property development journey, and I'm confident they can do the same for you.

1. Set realistic and achievable goals: While it's good to set stretch targets, don't set goals that aren't achievable. I've heard countless times within my network of people having goals to generate $200k in passive income in under 5 years without any capital or a first deal. Sadly I think this is even encouraged in some property seminars, to generate more hype and excitement.

While nothing is impossible, for the majority this is not very likely without a great deal of resources to start with. It takes time to bed in your learnings from courses and get into deals, and then get momentum into more projects.

Be kind to yourself and realistic, so you don't fall into the trap of needing to keep changing the dates on your goals to the next year.

2. Break your goals down into smaller, manageable steps: You've heard this tip countless times I know but how exactly are you going to sign up your first deal? It seems like an obvious question but so many people don't have a detailed plan for the month ahead, let alone the next 6-12 months.

If you haven't signed up your first deal yet, don't over-complicate it, start by focusing on the year infront of you, breakdown your focus into blocks across the months and get detailed about the month ahead and determine where your attention needs to be week to week.

Get as granula as possible. For example you might be wanting to set yourself up as an Area Expert, so what are the steps you need to take? Attend open homes, get to know agents, research sold prices and demand for different products etc. Once it's all down on paper you can start working out how and when you are going to do it. Don't guess from week to week what you should be focusing on, that's a recipe for overwhelm and demotivation.

3. Don't hold onto the challenges you've had: There will always be challenges and obstacles along your journey but if you hold onto them, then they will keep you stuck.

It's so easy to keep negative experiences close - for example a conversation that didn't go well with a potential money partner or perhaps a consultant made you feel inferior - these occurrences might make you reluctant to repeat the activity, but you need to overcome this and move forward.

You get to decide your story - don't let external factors dictate it for you. A strong and positive mindset is needed for your success.

4. Seek support when needed: Let's face it, we are all independent women and often will prefer to struggle through on our own to achieve things instead of asking for help. But if you have big goals, and I'm assuming you do, then you are going to need support to get there.

This is where a mentor or coach can be invaluable to help you stay accountable [yes you know you need accountability!] and provide guidance and support so you can overcome the obstacles that will arise.

Taking on a coach doesn't mean you're a failure, infact quite the opposite. I think even Oprah has three or four different coaches, so what's good enough for her is good enough for you, huh?

5. Work out the gaps in your resources and knowledge: Once you have a plan to achieve your goals, you need to stand back and focus on what resources or knowledge you are missing to implement.

I see people repeat more courses, when all they need is to be selectively working on filing their gaps.

For example you might not have enough capital to purchase a project and need to utilise private funding but need to learn more about how to attract and setup a money partner. Or perhaps you don't understand contracts, so you identify that you need to plug this knowledge gap.

Laying it all out on the table will make sure you can see the road ahead and plan for what you need to be able to implement, without the frustration.

Bonus Tip!

6. Don't overfill your to-do list: If you're anything like me, then you completely fill your to-list and then wonder why you're not getting everything done. This is a recipe for overwhelm. Focus on one task at a time and don't be over-zealous about how much you can achieve - if you get something done quicker than expected, you can always add another task, I'm sure you will find one!

By following these tips, you'll be well on your way to achieving your property development goals in 2023. Remember, setting goals is the easy part, it's the consistency and determination that's key.

If you're finding it hard to stay on track and achieve your goals, I invite you to check out my Confidence Accelerator mentoring program, which is specifically designed to help women gain the confidence and momentum they need to succeed in property development.

Click here to find out more about my mentoring program.

To your success in 2023.

Louisa x